Fair point on rationale for Track. Two things IMO; debt is not even close to being paid off, inc. the con note and it’s $9m. Other thing is Track perform is not just poor, but it is getting poorer.
I’ve been a long term supporter of CM8 and I own a decent chunk of shares, but I feel this is being to lose its way, and the Crowd Media aspect is to try and plug the hole of Track deteriorating (not to suggest it isn’t a good business venture to invest in as a new opp).
I won’t support the price anymore until there is some further evidence of focus and delivery.
CM8 Price at posting:
8.5¢ Sentiment: Hold Disclosure: Held
